AAC Clyde Space AB

AAC Clyde Space's technology on the European Space Agency's (ESA) Arctic Weather Satellite (AWS) has been praised for its performance, marking a significant step towards the EPS-Sterna constellation. Launched in 2024, the satellite includes a microwave radiometer from AAC Omnisys and key systems developed by AAC Clyde Space in Uppsala. AWS aims to improve weather forecasting, especially in the Arctic, and has matched the performance of larger missions, validating AAC Clyde Space's technology. The AWS is foundational for the EPS-Sterna programme, a planned constellation by EUMETSAT to enhance weather observation. A decision on this programme is expected in late 2025, with initial satellites launching in 2029. AAC Clyde Space has received an order from OHB Sweden for the EPS-Sterna programme, valued at EUR 1.0 million, to ensure timely deployment. The EPS-Sterna mission will complement existing meteorological satellites and improve weather prediction models. AAC Clyde Space specializes in small satellite technologies, with operations in several countries and its shares traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB received a payment of USD 0.315 million for an insurance claim related to the Kelpie-2 satellite, which suffered a payload antenna malfunction and was declared a total loss after its launch in June 2023. The company specializes in small satellite technologies and services, aiming to lead in commercial small satellites and services from space. It operates in several countries and its shares are traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB, a provider of small satellite technologies and services, will release its 2024 year-end report on February 20, 2025, at 08:30 CET. A live webcast for investors and analysts will follow at 13:00 CET, where CEO Luis Gomes will present the fourth-quarter and full-year 2024 results. The webcast can be viewed live or later via a provided YouTube link. Questions for the webcast can be sent in advance or submitted live, with previous written Q&A now discontinued. AAC Clyde Space aims to lead in the commercial small satellite market, offering services like Space Data as a Service, space missions, and space products. The company operates in several countries and its shares are traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB has received an order from OHB Sweden to supply key components for the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT) Polar System Sterna (EPS-Sterna) programme. These components, valued at EUR 1.0 million, are expected to be delivered by the end of 2025 and are intended for use in the EPS-Sterna programme, which aims to improve weather forecasts and climate monitoring. The programme's space segment is based on the Arctic Weather Satellite, launched in 2024. AAC Clyde Space's CEO, Luis Gomes, expressed excitement about the project's progress and potential for future orders. The EPS-Sterna mission, awaiting approval from EUMETSAT Member States, plans to launch an initial constellation of six satellites by 2029, expanding to 20 satellites by 2042. The mission will enhance microwave sounding observations and contribute to climate monitoring. AAC Clyde Space is a leader in small satellite technologies, with operations in several countries and shares traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB has secured a EUR 0.6 million order for its Sirius computers, GNSS receivers, and related services. This follows a previous order for power systems in September 2024. The Sirius range is designed for small satellites, offering reliability and quick delivery, and has been proven in multiple missions. The GNSS receivers also have a history of successful missions. These products will be used in a planned satellite constellation, though the client's identity remains undisclosed. Delivery is expected by the third quarter of 2025. AAC Clyde Space specializes in small satellite technologies, offering services across three divisions: Space Data as a Service, space missions, and space products and components. The company aims to lead in commercial small satellites and services, with operations in multiple countries and its shares traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB announced the successful two-way VDES communications through its satellite Ymir-1, as part of the AOS collaborative project with Saab and ORBCOMM. This milestone enhances maritime communication and navigation infrastructure, enabling global ship-to-ship and ship-to-shore communication, even in remote areas. Unlike AIS, VDES offers bidirectional communication and greater bandwidth, supporting larger data volumes and improved real-time data exchange and cybersecurity. Ymir-1 uses Saab's R6 VDES PAYLOAD transponder, and ORBCOMM will manage data integration for maritime services. AAC Clyde Space specializes in small satellite technologies and aims to lead in commercial small satellites and services. The company operates in several countries and its shares are traded on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space has appointed Håkan Tribell as the Head of Communications for Investor Relations and Public Affairs, a newly established position. CEO Luis Gomes emphasized that Tribell's expertise in communications and stakeholder relations will support the company's growth as a New Space entity. Tribell has a background in communications and public affairs, having worked at the Stockholm Chamber of Commerce and for Swedish Prime Minister Ulf Kristersson. He expressed enthusiasm about contributing to the company's impact on environmental issues through satellite data. Tribell will start his role on January 7, 2025, based in Uppsala, Sweden. AAC Clyde Space specializes in small satellite technologies, offering services in Space Data as a Service, space missions, and space products. The company operates in several countries and aims to lead in the commercial small satellite market. Its shares are listed on Nasdaq First North Premier Growth Market and the US OTCQX market.

AAC Clyde Space AB has registered 188,000 new shares as part of its acquisition of Spacemetric AB, increasing its total shares to 5,891,835. The acquisition was finalized on October 1, 2024. The company issued these shares and 106,800 warrants to Spacemetric's shareholders, increasing AAC Clyde Space's share capital by SEK 589,600, contingent on meeting earn-out milestones and warrant exercises. The new shares are under lock-up agreements, with varying durations of 360, 630, and 810 days, while shares from exercised warrants have a 360-day lock-up. AAC Clyde Space, which focuses on small satellite technologies and services, operates globally and trades on Nasdaq First North Premier Growth Market and the US OTCQX market. For more details, refer to the press release on their website.

AAC Clyde Space AB has secured a EUR 0.5 million order for its Starbuck power system and related services, with delivery expected by the third quarter of 2025. CEO Luis Gomes highlighted the Starbuck power system's role as a standard for small satellites, emphasizing the benefits of component standardization. The client, a repeat customer, remains unnamed. AAC Clyde Space specializes in small satellite technologies and offers services in space data, space missions, and space products. The company aims to lead the commercial small satellite market and operates in several countries, with shares traded on Nasdaq First North Premier Growth Market and the US OTCQX-market.

AAC Clyde Space AB has completed the acquisition of 100% of Spacemetric AB's outstanding shares, expanding the AAC Group. The transaction involved issuing 188,000 shares and 106,800 warrants to Spacemetric's shareholders, increasing AAC Clyde Space's share capital by SEK 589,600, subject to earn-out milestones and warrant exercises. The new shares are under lock-up agreements for varying durations. CEO Luís Gomes welcomed Spacemetric's team, highlighting their role in enhancing Earth Observation operations. More details are available in the press release from 3 July 2024 on AAC Clyde Space's website. AAC Clyde Space specializes in small satellite technologies and services, aiming to become a leader in commercial small satellites and space services. Its operations span Sweden, the UK, the Netherlands, South Africa, and the USA, with partner networks in Japan and South Korea. The company's shares are traded on Nasdaq First North Premier Growth Market and the US OTCQX market.